Once Massachusetts residents file their tax returns, they may immediately put them out of their minds. Who can blame them? No one wants to pay taxes, and any dealing with the IRS can cause anxiety. While it is possible to move on and forget about taxes until the...
Paying taxes is something that nearly every Massachusetts resident must do. People who work as employees often have a certain amount of taxes taken out of their checks each pay period in order to help meet that obligation to the IRS and other applicable tax...
Massachusetts residents who cannot afford to meet their obligations to the IRS could find themselves facing a variety of repercussions. Two of the possible consequences are federal tax liens and tax levies. Some people use the terms "lien" and "levy" interchangeably,...
Taxpayers who fail to pay their taxes can face additional penalties — even if the Internal Revenue Service (IRS) granted an extension. It may seem counterintuitive, but the agency can continue to charge interest and may even apply penalties if you do not pay...
Summer is approaching, and many teenagers living here in Boston or elsewhere may begin thinking about getting a job to earn some extra money. Entering the workforce can provide a sense of freedom and independence, but it can also require a wakeup call to the...
Tax time has come to a close for this year, and most people want nothing to do with the subject until much later in the year or nearer tax time next year. While many Massachusetts residents can empathize with that sentiment, it may not be the best course of action for...
